Prime Healthcare Services Completes Sale of St. Joseph Mercy Port Huron
Port Huron, MI…Prime Healthcare Services announced today that they
have completed the sale of St. Joseph Mercy Port Huron. As a result of
the sale, St. Joseph Mercy Port Huron will now be known as Lake Huron
Medical Center.

Under the asset purchase agreement between Prime Healthcare and Saint Joseph
Mercy Health System (SJMHS) and CHE Trinity Health Prime has agreed to
invest $20 million in capital improvements over three years, including
the addition of a TrueBeam Linear Accelerator to the cancer center; maintain
a charity care policy at or above current levels, including the operation
of the Peoples' Clinic for Better Health, with all foundation funding
remaining local; maintain an independent medical staff and local governing
board; and preserve the hospital as an acute care hospital with an open
and accessible emergency department.

"We are excited to acquire Lake Huron Medical Center and look forward
to enhancing its services to the Blue Water community," said Prem
Reddy, MD, FACC, FCCP, chairman, president and CEO of Prime Healthcare
Services. "We are committed to making hospitals successful by strengthening,
building, investing in and improving their programs and facilities."